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The new initiative "will target at least 50 percent of investment going to female fund managers," the BBB says.

Founders Fund co-founder Peter Thiel will reportedly make a commitment to the fund.

Quartus AI Fund’s LPs include endowments, foundations, RIAs and family offices.

Fund III will back early-stage tech startups.

The fundraising drought has been particularly challenging for emerging managers, but both LPs and GPs say there is reason to be optimistic.

The fundraising brings the firm’s total commitments to over $436 million.

Venture funds raised $41.6bn worldwide in the first half of this year, down from $60bn in H1 of last year, according to exclusive research by Venture Capital Journal.

Using his tech sales experience, Justin Wexler works with WndrCo co-founder Jeffrey Katzenberg to help portfolio companies seal deals with Fortune 500 companies.

The founder of Yu Galaxy talks about his unique infrared therapy device, the kind of legacy he wants to leave and the convergence of the digital and physical worlds.

Greenoaks Capital has reportedly closed on $2.5 billion for its sixth venture, beating its target of $2.25 billion.